Suppose you work for a life insurance company. At your job, you use the following table, which shows the number of people out of 100,000 born who survive to age x. What is the probability of a person living to be 100 years old be if they just turned 70? Explain the table is
X number serviving to nuber x
18 98,903
40 96,537
60 88,216
70 77,085
80 54,918
90 21,526
100 1,844
2 answers:
Probability = number of favorable outcomes ÷ total number of outcomes
number of people alive at the age of 70 = 77085
number of people alive at the age of 100 = 1084
the probability of a person living to be 100 years old be if they just turned 70 =
number of people alive at the age of 70 ÷ number of people alive at the age of 100
probability of a person living to be 100 years old be if they just turned 70 = 1844 ÷ 77085 = .0239
probability of a person living to be 100 years old be if they just turned 70 is 0.0239
Oh boi I'm gonna fail, I can't even geuss
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